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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (66875)7/24/2007 10:31:13 PM
From: Giordano Bruno  Respond to of 116555
 
Speaking of bearish action...

stockcharts.com



To: Crimson Ghost who wrote (66875)7/26/2007 12:37:21 PM
From: LTK007  Read Replies (2) | Respond to of 116555
 
edit:Knock on wood, o my gosh, could i have actually had a valid sell signal??;)
<<To: Crimson Ghost who wrote (66854) 7/24/2007 3:08:29 PM
From: max90 Read Replies (2) of 66913

We have been plagued by so many false sell signals for so long i don't know if this is worth reporting but here goes anyway.
SPX today has had a simultaneously MACD slope sell signal activate today on SPX500Daily AND its SPX500Weekly charts.
This via my Realtime IQCharts feed.Max>>
Note: a valid sell signal on a Weekly should indicate weakness over the next 2 to 3 months, with a downtrend pattern becoming established in SPX.